BFEX - BANK FUTURE EXCHANGE MARKET SQUARE

What is BFex?

BFEX is a cutting-edge stage proposing to wind up a bank for the un-bankable, enabling back to the general population whom it has a place with. What recognizes our stage is that we have built up the 'Decentralized Social Trust Credit Scoring'. We have confidence in reality as we know it where individuals have measure up to access to budgetary assets, with the assistance of the special gatherings. This is the reason BFEX was set up. We make a stage which fills in as a scaffold between the advantaged and the contrary side of the general public. We're likewise ensuring that our token utility will be feasible, as we center economic development over benefit, by propelling the BPAY application. BPAY application gives an installment arrangement, enabling clients to pay for merchandise and enterprises from BFEX business accomplices over the globe.

The Problem: There is a restricted access to money related assets universally, permitting casual obligations and advance sharks to flourish, bringing about constant cycles of obligation worldwide with no compelling arrangements accessible. As per the World Bank Group, there are 1.7 billion grown-ups universally who are unbanked. The most widely recognized reason is that they don't have enough monetary assets to open a record. Different reasons incorporate separation obstruction, the absence of essential documentation, and a staggering expense of possession.

The Solution: The World Bank Group accepts money related consideration is a key empowering influence to decrease extraordinary neediness and lift shared flourishing. BFEX gives an effectively open shared loaning stage, using the effectiveness, the security, and the straightforwardness of blockchain innovation with huge information. In particular, not at all like other loaning stages, the BFEX loaning stage requires no credit department, permitting potential clients from all kinds of different backgrounds an opportunity to manufacture an effective credit portfolio while loaning in a safe and reasonable condition with BFEX. This is made conceivable with BFEX Decentralized Scoring, which consolidates social financial matters with machine learning. It thoroughly assembles clients' customary and non-conventional data and examines them into a score.

BFEX APPLICATION: Peer-to-Peer Lending Platform: A loaning stage which associates the banks and the borrowers, enabling them to cooperate and concur on the terms and states of the advance, for example, the financing cost and installment due date, without anyone else.

BFEX KEY FEATURES

The key highlights of BFEX are:

• BFEX P2P Lending Platform: Enables BFEX clients to give out advances to other BFEX clients with points of interest recorded on the blockchain.

• Decentralized Scoring (DS): A c r e d I t s y s t e m w h I c h reflects more precise believability of nano-back clients when contrasting with the records appeared by credit authorities.

• BPAY e-wallet: This e-wallet associates clients to accessible products and enterprises of BFEX business accomplices from a few ventures.
BFEX TOKENS AND DETAILS OF ITS SALE
The BFEX tokens can be used as an equity or utility tokens. Details of the BFEX token sale are;
Total supply for token sale: 210 million BFEX
Prices range between 0.1 – 0.12 USD / Token
Hard Cap : 24,000ETH = 12,000,000 USD
Soft Cap : 3,750 ETH = 1,875,000 USD
TOKEN DISTRIBUTION

50% - Token Sale
10% - Reward & Bonus
12% - Bounty & Marketing
7% - Founder
2% - Advisor
7% - Development
12% - Loan Assurance

FUND USE

45% - Research and Development
20% - Marketing
15% - Operations
10% - Partners
10% - Legal

ROADMAP

May 1st - July 31st - Pre-sale
August 1st - August 31st - Public sale
September - Listing on exchanges (Decentralized exchanges and Centralized exchanges)
October 2018 - March 2019 - P2P Platform Development, BPAY Development

E-Wallet
Partnership
April 1 - May 15 - Alpha Test
P2P Lending Platform
BPAY
May 16 - June 30 - Beta Test
P2P Lending Platform
BPAY
July - BFEX Official Launch
P2P Lending Platform (Token Mode)
BPAY
October - API Connection with 3rd Party
October 2019 - December 2020 - P2P Lending Platform (Fiat currency integration)

FOR MORE INFORMATION VISIT US:
Website: https://bfex.io/
Whitepaper: https://bfex.io/pdf/en/bfex_white_paper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=3375492.msg35948905#msg35948905
Facebook: https://www.facebook.com/BfexOfficial
Twitter: https://twitter.com/officialbfex
Telegram: https://t.me/BfexOfficial
Reddit: https://www.reddit.com/user/BfexToken
Medium: https://medium.com/@bfexOfficial
Youtube: https://www.youtube.com/channel/UC13BcE4smhXKEFlSR82emyA

Published by: BEN-IYIEKE
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1231002